In the fashion house Louis Vuitton again personnel reshuffle. The company has already changed the head of the company twice a month. This time Michael Burke has been appointed as the new head of the French fashion giant. According to The Wall Street Journal, Mr. Burke has been with LVMH Moët Hennessy holding, which owns the Louis Vuitton brand, for 30 years.
The official wording of the firing of the previous head of the Louis Vuitton brand, George Constance, is "serious health problems." At the same time, as writes WSJ, twice unexpected change of leadership occurs against the backdrop of a slowdown in sales in Louis Vuitton.